Finally we have closure!!
The deadline for PES t/o is over & AOE has pulled out of the race. IMO, they can now perhaps focus on Beach's 40% stake in TW.
We know AOE may have $891m in the coffers (from their offer for PES) and that Beach's 3P-1115PJ reserves are valued between $300m-$1b.
So, will we see some action on the beachfront from here onwards? Time will tell. Just my thoughts.
no deal on pes
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Last
$1.54 |
Change
-0.005(0.32%) |
Mkt cap ! $3.524B | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.56 | $1.53 | $2.852M | 1.850M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 140171 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 196444 | 40 |
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| Last trade - 12.39pm 17/07/2024 (20 minute delay) ? |
| BPT (ASX) Chart |